Date
Details
Price
Change
Source
1/09/2026
Listed
$1,470,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$1,470,000
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Property Description
14-Unit Apartment Building for Sale in Minneapolis's Vibrant Lyndale Neighborhood excellent multifamily investment opportunity located at 3220 Blaisdell Avenue South, in the heart of Minneapolis's highly desirable Lyndale neighborhood. This well-positioned 14-unit apartment building offers a strong unit mix, outstanding walkability, and proximity to some of the city's most popular amenities. Property highlights: 14 total units: 8 one-bedroom units 4 two-bedroom units 2 three-bedroom units Located on a dedicated bike lane, appealing to today's active, urban renter Close to the Y (YMCA) and neighborhood fitness and recreation options. Steps from Lyndale Avenue, known for its vibrant mix of restaurants, shops, cafes, and local businesses minutes from Minneapolis's famous Eat Street along Nicollet Avenue, offering some of the city's best dining and nightlife. Location advantages: Walkable, bike-friendly neighborhood with excellent transit access. Strong rental demand driven by nearby dining, retail, and employment centers easy access to downtown Minneapolis, Uptown, and major thoroughfares. This property combines unit diversity, prime location, and urban lifestyle appeal, making it an attractive opportunity for investors seeking stable income and long-term upside in one of Minneapolis's most dynamic neighborhoods.
Full Property Details
Full Property Details for 3220 Blaisdell Ave
General
- Price: $1,470,000
- Taxes: $29,252 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7006833
- Updated: 1/9/2026
- Added to Site: 11 day(s) ago
Interior
- Appliances: Range, Refrigerator
- Flooring: Wood
Additional Information
- Amenities: Hardwood Floors, Security Lights
Parking
- Parking Features: Parking Lot
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Broom & Suffels Add
- Neighborhood: 48
- Driving Directions: Nicollet to 32nd West to Blaisdell Avenue South to property.
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Heating Type: Boiler
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer in Street
- Water: City Water (Connected)
- Utility Description: Electric Separate
Structural Information
- Exterior Const.: Block, Post and Beam, Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation Size: 4880
- Roof: Age Over 8 Years
- Ceiling Height: 8-10
- Disability Access: None
- Square Feet: 14,640
- Finished Down/Base.: 14,640 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1925
Unit Information
- Units w/Refrigerators: 1
Lot Features
- Lot Size (Acres): 0.19
- Lot Dimensions: 164 x 50
- Frontage: City Street
- Zoning: Residential-Multi-Family
- Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage
- Fencing (Description): Other, Partial
Financial Considerations
- Operating Expenses: $162,056
- Tax Amount: $29,252
- Tax Year: 2025
- Owner Pays: Hot Water, HVAC Maintenance, Insurance, Grounds Care, Repairs, Management, Roof Maintenance, Security, Sewer, Snow Removal, Taxes, Trash Collection, Water
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: LOT 006 BLOCK 002 BROOM & SUFFELS ADDN TO MPLS
- Inclusions: Building
- Property ID: 302824240036
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 3220 Blaisdell Ave
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Lyndale Elementary School 312 West 34th Street, Minneapolis, MN 55408 | PK-5 | 0.2 mi |
Justice Page Middle School 1 West 49th Street, Minneapolis, MN 55419 | 6-8 | 2.1 mi |
Washburn Senior High School 201 West 49th Street, Minneapolis, MN 55419 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3220 Blaisdell Ave
Tax History
Tax History for 3220 Blaisdell Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,252
-1%
$1,604,000
-13%
2023
$29,512
6%
$1,845,000
6%
2023
$27,898
—
$1,732,800
3%
2023
$27,898
7%
$1,679,000
14%
2020
$26,079
10%
$1,466,500
12%
2019
$23,768
14%
$1,309,500
15%
2018
$20,876
15%
$1,138,500
18%
2017
$18,087
11%
$965,000
15%
2016
$16,224
10%
$839,000
15%
2015
$14,781
-3%
$728,500
4%
2014
$15,288
-1%
$700,000
1%
2013
$15,490
—
$690,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3220 Blaisdell Ave
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3220 Blaisdell Avenue, Minneapolis, MN 55408 (MLS# 7006833) is a Commercial property. 3220 Blaisdell Avenue is currently listed for $1,470,000 and was received on January 09, 2026. This property is listed by Scott Rehovsky from our Crocus Hill Office.Want to learn more about 3220 Blaisdell Avenue? Do you have questions about finding other Commercial real estate for sale in Lyndale? You can browse all Lyndale real estate or contact a Coldwell Banker agent to request more information.